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Sky Quarry Strengthens Financial Leadership with Key Appointments

Sky Quarry Strengthens Financial Leadership with Key Appointments

Sky Quarry Strengthens Financial Leadership with Key Appointments

Sky Quarry Inc. (NASDAQ: SKYQ), a pioneering company in the waste asphalt shingle recycling industry, has announced two significant leadership changes aimed at boosting its financial management as it embarks on an ambitious growth journey. With the appointment of Darryl Delwo as Chief Financial Officer and the promotion of Cyla Apache to Vice President of Finance, Sky Quarry is set to fortify its financial strategies and operations.

Darryl Delwo Takes Charge as CFO

Darryl Delwo brings more than 28 years of extensive experience in finance and accounting to his new role as CFO. His previous tenure as Vice President of Finance at Sky Quarry since 2020 positioned him uniquely for this promotion. Prior to joining Sky Quarry, Delwo held the position of Chief Financial Officer at Noralta Technologies Inc., an integrated SaaS provider focusing on the oil and gas sector. Furthermore, he has served as Controller and Acting CFO for Sulvaris Inc., where he played a crucial role in securing venture capital for project development. His impressive portfolio includes key roles at Black Diamond Energy Services, Wholesale Sports, and Regus Canada. Delwo is not only a CPA and CMA holder in Canada but also earned a Bachelor of Commerce in Accounting from Athabasca University. His diverse experience will be invaluable as Sky Quarry navigates the complexities of being a Nasdaq-listed entity.

Cyla Apache Ascends to VP of Finance

Alongside Delwo, Cyla Apache has been recognized for her impressive contributions by stepping into the role of Vice President of Finance. With over six years of experience in controllership roles, Apache has demonstrated herself as a proactive leader. She possesses a wealth of knowledge in tax law and has successfully implemented software solutions that streamline workflows, significantly enhancing departmental efficiency. Cyla holds an MBA and an MS in Accounting, coupled with a CPA designation from the California State Board of Accountancy and an Enrolled Agent designation from the IRS. Her insights will be crucial in driving the company's strategic financial initiatives and maximizing revenue potential.

Leadership Insights

David Sealock, CEO of Sky Quarry, expressed confidence in Delwo’s and Apache’s capabilities, stating, "Mr. Delwo’s elevation to CFO is a natural progression after four successful years as VP of Finance. His extensive experience and proven track record will be vital as we continue to grow as a publicly listed company and advance our capital markets strategy. The promotion of Ms. Apache to Vice President of Finance complements this transition and enhances our ability to achieve operational excellence while focusing on the strategic and financial priorities aimed at value-added growth for our shareholders."

About Sky Quarry Inc.

Sky Quarry Inc. operates in the oil production and refining sectors while being a developing environmental remediation firm. Its mission revolves around innovative technologies designed to recycle waste asphalt shingles and remediate oil-saturated sands and soils. By focusing on waste-to-energy initiatives, Sky Quarry aims to upcycle millions of tons of asphalt shingle waste, significantly reducing landfill contributions. This commitment to improving waste management and resource conservation reflects the company's dedication to minimizing environmental impact.

Frequently Asked Questions

What recent changes were made in Sky Quarry's leadership team?

Sky Quarry has appointed Darryl Delwo as the Chief Financial Officer and promoted Cyla Apache to Vice President of Finance.

What experience does Darryl Delwo bring to his new role?

Darryl Delwo has over 28 years of experience in finance and accounting, previously serving as CFO at Noralta Technologies and VP of Finance at Sky Quarry.

What is Cyla Apache's background in finance?

Cyla Apache has over six years of controllership experience, with a strong focus on tax law and optimizing accounting workflows. She holds an MBA and multiple accounting credentials.

What are the main goals of Sky Quarry with these appointments?

The main goals are to strengthen financial leadership, enhance operational excellence, and drive strategic growth as a Nasdaq-listed company.

How does Sky Quarry contribute to environmental sustainability?

Sky Quarry focuses on recycling waste asphalt shingles and remediating oil-saturated environments, actively working to reduce landfill waste while promoting resource efficiency and conservation.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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